From his telegram:

As I covered on my show today, the announcement on Monday was HUGE!!!

And SO MANY PEOPLE completely MISSED IT because they were too busy REACTING and trying to score imaginary political points on the internet.

People were reaching for all sorts of nonsense to try and find a negative take on this press conference and the three cases.

It's a distraction! A setup! They are interfering with the election! The acronym thing was, I'm sorry, dumb. Garland is the AG. He is speaking as the head of DOJ of the United States and is referring to another nation, the PRC.

Wray is this country's Top Cop. He is speaking as to the individuals in the cases who are members of the CCP and also intelligence officers. (I do, however, like UltraGish's point above about how there could have been comms to the Chinese in that conference, similar to what would happen in the Cold War.)

Guys... they indicted 10 Chinese Intelligence Officers on Monday. One of the cases connects directly Huawei. Do you know who Huawei connects to?

Tony Podesta.

Do you know what the FCC is poised to do right now? Ban Huawei and ZTE equipment.

The Huawei case is so significant, that China sent two intel officers to America to try and bribe and coerce a double agent into stealing the prosecution's files.

Understanding > Reacting